13 Hours Ago
Location
848 Bank Street #3, New London, CT 06320, US
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Amenities for 848 Bank Street #3
Building
| Cats OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Application Fee
One-time. Agent application fee.
$35
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 848 Bank Street #3
Welcome to the top floor of 848 Bank Street, where clean renovation meets bright, open-concept living. This beautifully updated unit offers a spacious loft-style layout with soaring ceilings and an abundance of natural light. The open living area provides flexibility for both living and sleeping arrangements, creating a comfortable and modern space to call home. The newly updated kitchen features sleek white cabinetry, modern countertops, and a clean, functional design. The renovated bathroom continues the fresh, contemporary feel throughout the unit. Tucked away on the top floor, this unit offers added privacy along with a quiet, airy atmosphere that’s hard to find. Heat and hot water are included, making this an exceptional value. Conveniently located close to downtown New London, local shops, restaurants, and major employers including Electric Boat and the Sub Base. $1,500/month – Heat & Hot Water Included.
Lease Terms
1 yearAddress details
| Zip code | 06320 |
|---|---|
| Type | Apartment for rent |
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Rent trends in New London
1-bedroom apartments at 848 Bank Street #3 cost about 3% more than the average rent price for 1-bedroom apartments in New London.
Median rents as of Mar 28 2026.
New London
| Month | Median Rent |
|---|---|
| April 2024 | $1,408 |
| May 2024 | $1,425 |
| June 2024 | $1,410 |
| July 2024 | $1,621 |
| August 2024 | $1,709 |
| September 2024 | $1,714 |
| October 2024 | $1,616 |
| November 2024 | $1,581 |
| December 2024 | $1,532 |
| January 2025 | $1,510 |
| February 2025 | $1,490 |
| March 2025 | $1,444 |
| April 2025 | $1,431 |
| May 2025 | $1,445 |
| June 2025 | $1,429 |
| July 2025 | $1,450 |
| August 2025 | $1,438 |
| September 2025 | $1,484 |
| October 2025 | $1,480 |
| November 2025 | $1,484 |
| December 2025 | $1,467 |
| January 2026 | $1,453 |
| February 2026 | $1,450 |
| March 2026 | $1,442 |
Affordability calculator
Can I afford to live at 848 Bank Street #3?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 848 Bank Street #3
Mystic River Magnet School
160 fish town rd
mystic, CT, 6355
PK, K-5Public
B-
Westerly Inclusion Preschool P
23 highland ave
westerly, RI, 2891
PKPublic
Oysterponds Elementary School
23405 main rd
orient, NY, 11957
PK, K-6Public
B
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Internet available near 848 Bank Street #3
Getting around New London near 848 Bank Street #3
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 848 Bank Street #3, New London
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
4/10
Some bars within walking distance
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